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Satyamev Jayate TV Show - Clean up Real Estate Sector

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Satyamev Jayate TV Show - Clean up Real Estate Sector

Last updated: June 2 2012
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  • Satyamev Jayate TV Show - Clean up Real Estate Sector

    Aamir Khan's Satyamev Jayate TV Show

    Saw Satyamev Jayate and was impressed by the show and the issues that it is attempting to address. The first show was on female infanticide and it was moving .

    The idea of this thread is to put up our brains and come up with ideas as to what are the topics we can request satyamev jayate to cover in one of the episode which will help clean up the real estate market.

    Top of the mind topic is Black Monet, though it is prevalent in lot of places , the single largest source in india is the real estate market.

    Will request all your comments on the same.
    Last edited May 6 2012, 10:09 PM.
  • #2

    #2

    Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

    tried to go to their site, looks like the servers have crashed due to overwhelming response. went to a blog in zee and to a blog on this within 1 hour there were more than 100 response, almost all positive. this is amzing and shows what is the potential of this show and what can aamir khan do.

    please do post

    Comment

    • #3

      #3

      Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

      Fraud by brokers

      This show can open fraud by brokers

      Typical Faridabad Property Broker Strategies

      Tanka, Financier, Party Meeting: Typical Faridabad Property Broker Strategies

      May 4, 2012 by Sunil
      Have you dealt with Faridabad property brokers? Well, if you haven’t then you must know that in 9/10 cases you are been taken for a ride.
      The average real estate ticket size is so small in Faridabad that brokers just cannot survive on commission alone. They make a living out of buying and selling properties and making a margin in between, which is over and above their brokerage.
      Now here are the terms typically used by a Faridabad property broker. Understanding these terms will help you understand how exactly you are being taken for a ride:
      1. Tanka (pronounced “taankaa” with the “n” being pronounced very subtly): Tanka stands for the broker’s margin. Faridabad real estate market is very liquid and brokers keep getting buyer enquiries all the time and therefore, know the pulse of the market. they know the rate at which the property will sell. So, when a seller calls them, they hoo and hah and give him a rate that’s 10%-15% lower than the real market rate. When a buyer calls, they quote 10% higher. So, if you want to buy property in Faridabad, call up 4-7 brokers and pose as a seller and obtain the rates. Do the reverse if you are a seller. After getting the rates, and digging into the market select the least unscrupulous and the most transparent broker and work with him.
      2. Financier/Investor: The Faridabad real estate market is littered with financiers and investors. They typically make a 10% advance and obtain 60-75 days time for making the balance payment. As things stand with the Metro work in 4th gear, the Faridabad property market is hot and Neharpar property rates moving up by the day, and 60-75 days time is sufficient for the rates to move up by another 10%. So, if you have a property for sale, it will most likely be lapped up by a financier. Though you should be careful, you cannot avoid the financier-broker nexus.
      3. Party meeting: The buyer or seller to whom you are introduced to is not the actual buyer or seller. He is either a financier or the broker’s crony. Keep this in mind and feel free to ask the other party to prove his credentials.
      This information will help you stay safe and help you save on a lakh or two.

      Comment

      • #4

        #4

        Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

        Fight with builders

        This show can help seema to get his flat on time.

        Also builder keep on changing master layout.

        CJ Seema battles builders for her dream home - Video: CJ.IBNLive.com

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        • #5

          #5

          Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

          Ss dhillon

          Fight against corrupt officer who don't want to take any action against builders.

          CJ Seema battles builders for her dream home - Video: CJ.IBNLive.com

          Comment

          • #6

            #6

            Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

            builders are charging SERVICE TAX ON EDC despite the fact that government has exempted EDC from service tax long back. Builders are silently pocketing this money

            Comment

            • #7

              #7

              Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

              Originally posted by McLordGanj View Post
              builders are charging SERVICE TAX ON EDC despite the fact that government has exempted EDC from service tax long back. Builders are silently pocketing this money
              Had received a mail from IREO customer care, they are not charging the same. could you please share simillar info from other builders so that people can be aware, could you also advice if as per the mail below, ireo is charging something they should not charge as per the tax laws. :

              -------------------------------------------------
              Dear Sir / Madam,

              This is to inform you that with recent announcement in Budget; WEF April 1, 2012, Service Tax charge has beenrevised from 10.3% to 12.36% and accordingly :

              · Service tax shall be charged @3.09% on Basic Sale Price (BSP) value andParking – (calculated at 12.36% with 75% abatement; which works out 3.09% as against 2.575% charged earlier).

              · Service tax shall be charged @12.36% onPreferential Location Charge(PLC).

              · Service tax shall be charged @12.36% on Transfer Charges.

              · No Service tax shall be applicable on EDC/IDC currently

              Please note that the same shall be applicable on all amounts demanded / paid w.e.f. April 1, 2012.

              Should you need any further clarification, feel free to get in touch with us at (91-124) 475 4300 or write to us atcustomercare@ireo.in

              Comment

              • #8

                #8

                Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

                Very bad thing and it is happening everywhere in India.. This is not democracy..Indian system needs to be revamped and it has to be started from politicians those are responsible for sorry state of affairs..No wonder Anna's lokpal campaign met with so much resistance ...

                Originally posted by Karrish View Post
                This show can help seema to get his flat on time.

                Also builder keep on changing master layout.

                CJ Seema battles builders for her dream home - Video: CJ.IBNLive.com

                Comment

                • #9

                  #9

                  Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

                  Originally posted by manu813 View Post
                  Very bad thing and it is happening everywhere in India.. This is not democracy..Indian system needs to be revamped and it has to be started from politicians those are responsible for sorry state of affairs..No wonder Anna's lokpal campaign met with so much resistance ...

                  Do you want to stop?

                  Anna lokpal will work only when will you decide to stop?

                  Comment

                  • #10

                    #10

                    Re : Satyamev Jayate TV Show - Clean up Real Estate Sector

                    We are a confused society..

                    I don't agree to this argument which I have heard in many tv discussions also by congress representatives..
                    "Anna ko samaaj ko achaa karna hoga tab hamein koi lokpal nahin chaiye"

                    One needs strong systems with accountability that can only curb this menace, if one is thinking that we should teach 120 crore people moral ethics which is very good idea indeed but I am afraid is not going to happen as we are not living in ideal world..

                    Make strong and accountable systems , things will fall in place..

                    Ever wondered by most of govt dept's are not yet having e-governance systems although we brag to outside world of our IT prowess..The only reason is because the existing govt and bureaucrats are beneficiary of this system and they don't want accountability.. Bring citizen charter then HUDA has to finish it's work in specified time limit..

                    * Saying that I can claim confidently that I have been following all the rules of Indian federal from the time I got my senses like many more.. Did it make any difference ?? NO.. Instead I have heard advises from people "Aajkal shareefon kaa jamaana nahin." .. Who we are fooling here??


                    Originally posted by Karrish View Post
                    Do you want to stop?

                    Anna lokpal will work only when will you decide to stop?
                    Last edited May 6 2012, 09:35 PM.

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